ptive technology to change the future for our students. they're worth it, and i'll put in the time. if it's 9 years, if it's 19 years, i'm in. n "mad money." ♪ ♪ president biden warns the russians an invasion could change the world i'm shepard smith. this is "the news" on cnbc. on the edge of war russia ramping up military drills america readies thousands of troops tonight, new reporting from the front lines inside ukrainian trenches the fda backtracks on two popular covid treatments >> that's really a reckless decision to be able to take this option away from patients. >> the backlash and why the fda says it pulled the plug. a new party during lockdown revealed at 10 downing street.

this time, a birthday bash for the prime minister himself now british police launching their own investigation. >> in relation to potential breaches of covid-19 regulations. put down the pencil, pick up the laptop the s.a.t. going all digital the major changes announced as more schools get ready to scrap the test altogether. market swings ahead of the fed's big meeting. a controversial first of its kind fee for gun owners. and the baseball hall of fame reveals the class of 2022. ♪ live from cnbc, the facts, the truth, "the news" with shepard smith. >> good evening. the white house says a russian invasion of ukraine remains imminent, and president biden suggested today that u.s. troops could be on the move soon. the new announcement comes as

russia ramps up military forces near ukraine and conducts military drills. this new video of russian crews driving around and testing short-range ballistic missile systems. president biden warning vladimir putin that an invasion would have dire consequences, not for just russia, but the whole world. >> there would be enormous consequences if he were to go ii and invade, as he could, the entire country not only in terms of economic consequences, and political consequences, but enormous consequences worldwide this would be the largest if you in were to move in, the largest invasion since world war ii. it would change the world. >> the pentagon preparing more than 8,000 troops for possible deployment in eastern europe today the defense department told reporters that number could grow in the days and weeks ahead. president biden insists no american forces will be deployed

into ukraine itself, but the u.s. and its allies continue to ship weapons and military aid into ukraine to help the country bolster its own defenses today an american plane brought in anti-tank missiles, launchers, and other military hardware nbc's matt bradley is on the ground in kyiv, ukraine's capital city, where the ukrainian president is urging people to remain calm as tensions escalate. >> reporter: shepard, we saw in the last couple of hours the ukrainians gratefully taking receipt of the second aid shipment the first one came on saturday and this is lethal aid, which means this is actual weapons that will kill people and it's one of the reasons why the biden administration had been delaying on signing off on this $200 million package in military equipment. they eventually did so just last month. and on saturday that was the first time we saw this delivered. some of this aid, though, when we're hearing from the ukrainian government, they're somewhat skeptical that it will be all

that useful. certainly high-tech and very expensive development, but only fighting against ground forces. these anti-tank missiles would be useful in taking out russian tank, but in the first hours and days of the possible impending impending attack attack, officials believe it won't be on the ground, it would be either surface to surface attacks or air to surface attacks and that's because the russian military has such an overwhelming force in the air and on the sea that they would make a meal of the ukrainian armed forces before they even put boots on the ground in this country.n this country and that's why we're hearing from the ukrainians that they're putting a little bit of hope, not a lot, but a little bit of hope, normandy tomorrow at the normandy format, that's russia, ukraine, germany, and france and this is one of the rare opportunities when ukrainian diplomats are actually going to be involved in negotiations about the fate of their own country. shep >> matt, thanks.

>> former ambassador to nato now ivo daalder is with us ambassador, thank you. the white house says an invasion is imminent. has enough been done in your estimation to prepare for what happens diplomatically or militarily if that does happen >> i think so. i think we've spent the last few weeks and months to bring the nato alliance together around a very clear set of policies to make the cost to russia as high as possible short of directly invading and becoming part of any invasion ourselves, so we're deploying forces towards the east and helping ukrainians to defend themselves and putting together a significant package of sanctions and we've opened up a diplomatic

track to see if there's another way out. so the choice is for russia and the united states and its allies in europe to stand as one no matter which way russia chooses to go. >> we heard from the administration that all our standing is one, but when you look at the facts, it's hard to sa say that germany and maybe france, that there is no light between them, as the question was put today. pressure on everybody will mount. >> i do think it will hold together because ultimately the reason this alliance has survived for now over 70 years under all kinds of very difficult circumstances is because there is a fundamental understanding in every capital that we either swim together or we swim separately and we're much better off to be able to do so together. yes, there are differences within the alliance. we are after all an alliance of democracies. there are differences in our country and debates and questions about what the right strategy is, but once the chips

are down and once the people are sitting around the table in the north atlantic council in brussels or wherever it is that they are gathering, the need to be united and the need to stand as one will be there and the debate will be over until the next phase of this conflict. f this conflict. >> >> ambassador ivo daalder, thank you. so what's it like for those defending ukraine? our sister station sky news takes us into the trenches to find out, coming up. were you worried that wall street would calm down after yesterday's wild ride? jim cramer said the markets needed to test the bottom. well, they did, then the dow mounted a massive comeback for the second day in a row. the dow 30 closed down just 67 points after falling more than 800 earlier in the session today. the nasdaq didn't do quite so well the tech-heavy index fell by more than 300 points and has

been negative five out of the last six sessions. all of this volatility as the federal reserve began its two-day policy meeting today the key item on the agenda, beating back inflation the central bank expected to signal it will raise interest rates in march that would be its first rate hike in more than three years. the rate now is just above zero. sara eisen is here to walk us u through the market, a lot in ty of stocks getting crushed, especially tech stocks >> tech has been in the eye of the storm, shep. another tumultuous stumble that saw a stunning midday comeback then retreated again into the close. the tech-heavy nasdaq dropped 3%, names like amazon and nvidia dragging it lower. the reason there wasn't a specific catalyst but investors are preoccupied by the u-turn that we're seeing

from the federal reserve, about to raise interest rates and take away the stimulus. now the fed is pivoting to fighting inflation so all of those investments that worked best over the last two years when the fed was in generous mode are unraveling li think bitcoin, meme stocks like gamestock and, yes, technology which was the darling of the market and it doesn't look like the move is improving into tomorrow. the company showing strong growth, but not enough for a market the stock fell more than 5% after hours. so looks like microsoft could determine the direction. it's come back a little bit. >> we watched through the day, sara, as the dow mostly a huge swin recovered and another huge swing day. what's that about? >> it was down 818 points at the low, fully recovered, added 200 points and then lost it all into the close. this is tremendous volatility.ne

this is the likes of which we haven't seen in years. it doesn't include energy and bank stocks.ress which are americans are spending mor american express, with americans spending more on the credit card and ibm which in the last sales spts we like >> sar growth is building there are bright spots we like >> sara eisen from "closing bell," sara, thank you americans should no longer use two popular antibody drugs because they do not protect against covid's omicron variant. that's the new guidance from the fda. the agency just scrapped its emergency use authorization from monoclonal antibody treatmentsy. fd made by both regeneron and eli lilly. fda officials say they could re-authorize the medicines if they prove to be effective against future variants. nationwide millions of people have received these antibody drugs and several governors have made it the focal point of their

covid responses. ron desantis calls the move to halt these drugs sudden and reckless. this is not the way help people. >> this is not the way that you help people. in our view people have the right to access these treatments and revoke it on these basis and it's fundamentally wrong and we'll fight back >> florida has shut down all of they'v the antibody treatment sites they've canceled more than 2,000 appointments just today. meg terrell joins us meg, break down the data, if you could. are these treatments effective at all >> they came to the conclusion by looking at whether the antibodies can affect cells in the lab.

it does not work against omicron and lab tests which tells us it is not going to work with people infected with this variant v eli lilly confirmed that its drugs are not effective at treating the omicron variant knowing that, both the companies and the fda says it doesn't make sense to continue using these drugs. now that omicron makes up 99.9% of new covid cases in the u.s. according to new data today from the cdc. they could allow use of the drugs again if the variant makeup shifts and it's likely it works against circulating and it has happened with the lilly drug against the beta and gamma variant. they've begun work on next generation drugs that will work against omicron and other variants of concern. regeneron says it's in the process of preparing to begin human trials of its medicine while lilly says its new drug is ongoing.

for now, treatment options are unlimited. there is one antibody drug authorized for treatment that retains efficacy against omicron. as well as anti viral pills from pfizer and merck supplies of all of those are short, shep. >> pfizer just announced it's starting trials for a vaccine that targets omicron what do we know? >> from the time that omicron was identified, we know that the company started working on a vaccine to target it just in case it's needed now they've designed and developed it and started a clinical trial so they're planning to test it in three ways, as the primary series and boost for people who haven't yet been vaccinated and as a third dose and fourth dose for people who got the original vaccine they're also testing a fourth dose of the original shot as well, so all of this should provide information they can then bring to the fda or other public health agencies to help figure out next steps for the vaccine. >> meg tirrell, thank you. a first of its kind gun law proposal it won't take weapons or

restrict what they could own, but it will cost them. the new idea being considered by some local lawmakers in california that has critics vowing, we'll see you in court michael avenatti, first he represented the porn star stormy daniels against the former president. now he's accused of stealing from her today he made a big decision about his defense. the numbers are out and the rise in home prices, and the cities that will do the most damage to your bank account. (vo) this year, t-mobile for business is here to help you hit the ground running.

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owners to pay the city $25 per household each year plus administrative costs people who don't insure their guns will face an unspecified fine the proposal is part of a gun control plan that the mayor released last june that was weeks after a gunman opened fire at a san jose rail yard. he killed nine people, but gun rights activists say taxing a constitutional right is illegal. scott cohn now with reaction to the proposal. >> reporter: san jose is one of the hundreds of american communities rocked by mass shootings. nine people killed and the gunman taking his own life at a municipal transit rail yard last summer that's not to mention everyday gun vie lolence in america's te largest city for san jose mayor sam liccardo said enough is enough.

>> we must do whatever we can within our power to prevent another family from experiencing yet another devastating loss ree all gun owners >> reporter: his local solution, require all gun owners living in the city to carry liability insurance and require them to pay an annual fee to support a new nonprofit organization aimed at reducing gun violence liccardo likens the insurance e provision to how car owner provision to the requirement that car owners carry auto insurance and the new nonprofit funded by gun owners can help reduce gun violence. but gun rights advocates are already vowing to challenge the ordinance in court >> most importantly, they will not stop gun violence. >> reporter: the city council has received dozens of letters and messages ahead of the meeting. many calling the ordinance unconstitutional "this is an attack on our second amendment right to own firearms and doesn't stop gun violence," one wrote. "instead, go after the people who commit gun violence. that is the tone of the vast majority of the messages sent to

city hall ahead of the debate that the ordinance would penalize law-abiding gun owners and would not solve the problem. the mayor says people can qualify for lower premiums by adopting common sense measures like gun locks and he says the non-profit will help educate against gun violence his city council could approve this measure as soon as this evening. but it almost certainly, shep, will not be the last word. >> scott cohn live tonight in san jose sadly, a second police officer in new york city has died days after a gunman in harlem shot him and at the same time killed his partner. the city's police commissioner said he died today after he was seriously hurt in the shooting on friday. his name, officer william wilbert mora the police commissioner says mora is a three-time hero for his service, for sacrificing his life, and for donating his organs nypd officials say officer mora

and his partner, officer jason rivera, responded to a call at a harlem apartment a woman was asking for help with her adult son. they say when the officers got to the apartment the gunman threw open a bedroom door and shot the officers in a narrow hallway. a third officer shot the suspect and he tried to leave the apartment. the alleged killer died from his injuries yesterday we're in the middle of a national blood crisis yet rules that doctors call outdated are preventing some people from donating now, calls for change, but those same doctors calling for change say it could be too little, too late. and new hope for novak djokovic in his bid to play in the french open. the rules kept the tennis great off the hard courts down under, but a loophole at roland garros could put him back on the clay even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms

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a blood shortage is hitting crisis levels from coast to coast. the red cross reports the shortage is forcing doctors

across the country to decide who will get blood transfusions and who will have to wait. the organization says it's seeing a 10% drop in donors since the pandemic started and it's calling on everyone who can donate to do so. but the federal government still requires sexually active gay and bisexual men to abstain from sexual activity for 90 days before they're allowed to donate blood. the fda originally created the restrictions during a time when hiv was not well understood at all. of course, that's changed, but the policy has not critics of the ban also point to the cdc rules that require every blood donation to go through screening for infectious diseases, including hiv. cnbc's valerie castro with the renewed calls for the fda to scrap the restrictions >> now is the time to sign up, make an appointment, and donate. >> reporter: while the red cross begs for blood donations, law

makers, doctors, and civil rights groups are calling on the fda to change its guidance on social media, representative richie torres, an openly gay congressman from new york, has called on the fda to respect the authority on science and end its discriminatory ban. >> it's rooted in some really bad, bad stigmas and stereotypes. >> reporter: once a lifetime ban, in recent years the fda has rolled back the timeframe for gay and bisexual men to abstain from sex before donating blood to three months, but glaad, an advocacy group for the lgbtq+ community, says it is not rooted in science. >> i think the fda is not modernizing quick enough to understand that it's the important thing to measure here is risk, and not identity. >> i see this policy, and i'm just truly baffled by why this discriminatory and unscientific policy is still standing >> reporter: dr. monica hahn is among hundreds of physicians who

wrote an open letter to the fda in 2020 urging a change citing current blood testing advancements >> we can very accurately detect the presence of hiv in patients about ten days after hiv transmission occurs. so again, really no scientific reason backing up a three-month policy >> reporter: in a statement, the fda says it has been actively engaged in re-examining the issue and considering the possibility of pursuing alternative strategies one of those is the fda-funded advanced study, a risk-based assessment of donors but there is no timeline for when it will be completed. >> i think it's buying them time and what we don't have right now is time because we're in a blood crisis >> reporter: the new york blood center is another large organization also dealing with the drop in supply and donors. they tell us that blood drives typically held at schools have been canceled given the surge in omicron and winter weather like what the northeast could experience later this week always makes an impact shep >> valerie castro, thank you an experiment to provide

employees with health care, but in this case the customers are footing the bill their reaction may surprise you. and boris johnson, will his time as prime minister end as early as tomorrow? a make or break report into his lockdown scandal set to be revealed as british police get called in for a brand-new investigation. the very latest from number 10 downing street as we approach the bottom of the hour and the top of the news on cnbc. so i'm taking zeposia, a once-daily pill. because i won't let uc stop me from being me. zeposia can help people with uc achieve and maintain remission. and it's the first and only s1p receptor modulator approved for uc. don't take zeposia if you've had a heart attack, chest pain, stroke or mini-stroke, heart failure in the last 6 months, irregular or abnormal heartbeat not corrected by a pacemaker, if you have untreated

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and get the best deals on every smart phone. we've been reporting on inflation and rising prices on this newscast for months now costs up at the grocery store and at restaurants a little tart -- i should say, at little tart bake shop in atlanta, a croissant now costs 16 cents more than it did six months ago, but inflation is not the reason the owner says she's raising prices to help cover the cost of health care for her workers and as it turns out her experiment is working, and other shops are taking notice. here's cnbc's kate rodgers >> reporter: in july of 2021, sarah o'brien posted an image to instagram she feared would blow back on her small business, little tart bakery in atlanta. the photo caption alerted customers it would add a 4% fee to all transactions to help cover employee benefits including health insurance and

sick leave while she'd offered insurance for years, the benefit became more essential in the wake of the pandemic, and she wanted to expand the program in the face of higher costs while ensuring customers knew where the fee was going. >> all these people that you get to see all of the time who know exactly what your coffee order is and know what your kids' favorite cookie is and this place you love so much is so great because of them, that's going to help cover their insurance. >> reporter: not only did customers understand, o'brien says they've been wonderfully supportive the expansion also helps to retain staff at a time of historically high turnover. >> how do you make it so it's a career how do you professionalize this thing that sometimes people think it's a stop-gap job? >> reporter: at japanese restaurant kokoro in colorado, costs are also going up for diners while not itemized, the owner says prices have gone up to help cover higher wages, health care

costs, and paid time off, all key as covid continues on. his payroll has increased by $200,000 in the last year. customers have taken note and continue to support the business >> when you have a direct conversation and you say these costs are about taking care of our employees and making sure that everyone is in a healthy situation and they're able to take the time off that they need, people have been pretty understanding. >> reporter: the results of the little tart bake shop speak for themselves o'brien says she's hung on to about 75% of the same team she had pre-pandemic at a time when labor is tough to come by. she's hoping to one day be able to fully cover health insurance and paid time off for their workers. shep >> kate rogers, thanks no let-up in the cost of buying a home. that's what is topping cnbc's "on the money. home prices are still soaring. costs for homes, up 18.8% year over year in november. that's according to the s&p core logic case schiller national home price index

the housing market typically cools down late in the year. but some cities stayed red hot phoenix, tampa and miami leading the way, all with 26%. the top 20 metropolitan areas all posting double digit price gaps growing online sales causing a big headache for retailers on average, nearly 17% of total merchandise purchased online last year will be returned, they say. that, from the national retail federation and a retail survey returns tend to be higher for the total cost of unwanted stuff expected to top $761 billion companies decide whether they can resell the goods, write them off, or take the loss. just when super bowl fans lost one buffalo, shake shack gives them a shot at two more. the restaurant chain offering new menu items right right before the big game. a buffalo chicken sandwich and buffalo spiced french fries with cheese

you can score the sandwich and fries nationwide, starting on friday on wall street, the dow down 67, the s&p down 54. the nasdaq down 316, off 13% just this year ♪ i'm shepard smith on cnbc. it's the bottom of the hour. time for the top of the news on the front line with the ukrainian army, outgunned and outmanned by russia. an up close look at why they fight. and the foreigners joining them in the trenches. no more scantrons. the s.a.t. is going digital. the other big changes to the college admissions test. and you've probably never heard of her, but right now she might be the most powerful woman in the united kingdom. her name is sue gray she's a civil servant who oversees the british government's ethics investigations she's completed an investigation

and now a report into the alleged parties held at number 10 downing street over the past two years. that report expected to be published tomorrow at the time of the events the uk government had imposed strict covid restrictions on gatherings, a damning report could lead to a no-confidence vote in parliament that vote could push the british prime minister boris johnson out of power today london's metropolitan police launched its own inquiry into the alleged parties at downing street the chief of police says they're looking at whether those events broke any covid rules. today boris johnson said he's open to the police investigation. >> i welcome the met's decision to conduct its own investigation because i believe this will help to give the public the clarity it needs and help to draw a line under matters. >> boris johnson's troubles do not end there. there's now word of yet another lockdown party a birthday bash for the prime minister himself

itv news in britain reports his wife helped organize a surprise get-together for him in june of 2020 at that time large indoor gatherings were banned downing street says his staff gathered briefly to wish him a happy birthday they say johnson was there for less than ten minutes. sam coates joins us from outside number 10 downing street he is the political correspondent for our sister network, sky news. sue gray has received new information as part of her investigation. >> reporter: yes sky news understands that sue gray's probing parties in lockdown has received photographs given to her by boris johnson's officials showing him at events with wine bottles, people gathering close together, which apparently breached the tight covid lockdown rules that were in place at the time. that is being confirmed to us at sky news by two sources. it got into sue gray's report and we wait in the next few hours and days for the

conclusions of that report >> do we know if this seals the prime minister's fate one way or another. is that how his party is going to assess it >> reporter: we know that sue gray's report will be one of two or three things that determine whether or not boris johnson stays in office. if the conclusions of that report which we might not ever see but if the conclusions are so damaging he can't continue in office he'll be slung out by his own conservative m.p.s then there's the new revelation today of a police investigation into what went wrong did they break the law in the building behind me if the police find that boris johnson personally broke the law then that could be a tipping point. but the question also is whether there were just too many scandals dogging boris johnson at the moment and it might just be that boris johnson's m.p.s in parliament decide that all of this is too much and he'll have to go before the next election novak djokovic could defend his french open title even if he's not vaccinated against covid.

it initially appeared the number one men's tennis player would be banned from playing at roland garros after the french parliament approved more covid restrictions under the new law that took effect just yesterday only vaccinated people are allowed. but there's a loophole anyone that shows proof that they tested positive within the previous six months is exempt from having a vaccine pass that means djokovic could play in may he says he tested positive for covid in mid-december. last week australian officials deported djokovic, saying his presence could stir up anti-vaccine sentiment in the country. they kicked him out a day before the tournament got under way in melbourne. djokovic has said he will not give public statements until the end of the australian open, so this sunday at the earliest. president biden making it clear today he does not plan to send any u.s. troops into ukraine itself

that means ukrainian soldiers on the front line would likely face the full might of the russian war machine alone, largely our sister network sky news' stewart ramsey visited the frozen trenches in eastern ukraine. there he found two englishmen who joined the ukrainian military, and they're now waiting and staring down a possible invasion. >> reporter: through snow-filled trenches they make their way through the most exposed areas in near silence. the front lines of this conflict in ukraine are fixed, but the fighting is a constant it is very dangerous and it certainly feels it they've been in these trenches for years. whatever the rising tensions outside, nothing here in the mud and snow actually changes. although an invasion could have changed everything this brigade guards the southern

flank of the ukrainian army's front line with the russian-backed forces. unless their ranks are two condition stacked soldiers foreign fighters who have joined up unusually, johnny wood and sean pena are from england. >> this is my old position back in 2019. >> reporter: both say they've started new lives here, which is why they're fighting >> the tree line over there is the enemy position >> i'm married to a ukrainian and i've got every right to be here and it's taken me a long time to integrate here so the guys know i'm not a war tourist or a war junkie and i'm with an organized unit with the government and a contracted soldier. even though i'm not sitting around and going to go home at the end of it, i've been here. my family is here. my family is 15 kilometers i can hear the shelling from my front room.

>> reporter: sean is a section commander here and he's realistic about what may lie ahead. >> if they come across the border, we don't have air superiority, we don't have a naval fleet, but ukrainians fight. so we'll give them a bloody nose, that's for sure. >> reporter: johnny wood is on his third rotation he says west needs to help >> i don't think we need to send british troops, american troops but give them as much political support as they're doing and continue even, like amp it up and just give them the weapons they need to defend themselves and to defend their country. >> reporter: the ukrainian army has improved a lot since 2014, but it's infinitely outgunned by the russians there used to be a brigade of foreign fighters but that's been disbanded and they've been assimilated into the ukrainian army however, it's quite clear that volunteers do want to come from abroad as this whole incident has grown.

we understand 100 vets from the united states are on the way and they will do some training in kyiv before they come to the front line the british prime minister like many others is warning that an invasion would provoke a bloody battle akin to the chechen wars, with thousands killed and whole communities destroyed. on the shores of the sea lies this town, destroyed in the fighting and abandoned in 2015 scenes like these are exactly why embassy staff are being evacuated. this could so easily happen again and likely will if efforts to reach a compromise fail we are right on the edge now >> stewart ramsey from sky news reporting for us tonight three stories from around the world we're watching now in mexico, protests after two journalists were killed in less than a week in tijuana the most recent, lourdes maldonado lopez, found shot to

death inside a car on sunday she was known for covering corruption and politics in tijuana. that's according to a press organization called article 19 at a press conference three years ago she told the country's president she feared for her life and asked for help. and last monday, a photographer known for covering crime scenes was shot and killed outside his home no word on whether the two killings are related. in cameroon, at least eight people killed in a stampede before a soccer game it happened yesterday as the crowd tried to get into the stadium. for the first time in 50 years, cameroon is hosting the africa cup of nations, a soccer tournament for african teens cameroon was scheduled to host in 2019, but instead the tournament was given to egypt over concerns that cameroon just wasn't prepared. as of now three more games are scheduled for this stadium where the stampede happened. and in parts of greece and turkey, snow and ice stranded thousands of drivers the blizzard started late on sunday, we are told, and

continued for more than 12 hours. many people forced to spend the night in their cars while others abandoned them and walked home soldiers distributing food and blankets to the stranded in athens, the government reports it evacuated about 3,500 people last night. the government fined the company that maintains the roads there and ordered it to pay each impacted motorist the equivalent of $2,200. you've heard the warnings. get ready for the worst tax season ever. coming up, hear the story of one woman who knows just how bad it can be. plus, a toddler thrust into the arms of a police officer the child not breathing, her parents screaming for help what the officer did next with the child's life in his hands. thanks for bringing me with you guys today, mr. and mrs. lopez. not a problem, josh. hey, you two. check out all these camera views in my silverado i can see in front of me, behind me,

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michael avenatti, the celebrity lawyer who skyrocketed to fame representing stormy daniels when she sued the then-president donald trump.

now avenatti is on trial himself and today we learned he's defending himself in federal court. avenatti is accused of defrauding the adult film actress. prosecutors say he cheated stormy daniels out of 300 grand that she was supposed to get from her book deal he's accused of using it to pay for a ferrari, hotel stays, flights, drycleaning and to make payroll at his law firm. the feds say avenatti lied to stormy daniels and told her the book publisher never even sent the money. attorneys made opening statements yesterday and today a judge granted his request to represent himself for the rest of this criminal trial it's happening in manhattan. avenatti pleaded not guilty and says he's completely innocent of the wire fraud and identity theft charges against him. put away those number 2 pencils once and for all and forget all about filling in your answer bubbles completely because the s.a.t. is going

digital, and that's not the onl today. the new test will take about two major change that the college board announced just today the new test will take about two hours now instead of three calculators to be allowed in the entire math section. math problems, they say, will be less wordy and reading passages will be shorter. college board officials say it's all part of an effort to make the s.a.t. easier to take and easier to giveexam the new exams scheduled to roll out year after next, but the changes come as many colleges are shifting away from standardized tests lots of schools have made test scores optional for admissions here's cnbc's perry rossum >> reporter: the new s.a.t. pops up on a screen where you click on the answer. there is a reference sheet and calculator on the top right. with a timer in the middle we a leas >> we are focused on making it

the least stressful option possible. >> reporter: the test will be taken on a laptop or tablet and the results come back in days rather than weeks. and it will be on the 1,600-point scale and taken at a test center or school. >> they can't toggle to another screen or google or message a friend and there's nothing they can dow digital >> reporter: natalya was part of the pilot program. >> it was very concise, and it was easy to understand i thought the new digital version was very practical. >> reporter: the changes come as the s.a.t.'s future is in question the "l.a. times" reports tomorrow the board of trustees at california state university will debate on whether to permanently end testing requirements >> there's really no need to take the test for most students. >> reporter: robert schaefer is with fair test, a group looking flaws with to end what they call flaws in standardized testing schaefer says at least 1,800 colleges and universities do not require s.a.t. scores for next fall >> it underestimates the academic abilities of young women and overpredicts for men underpredicts for kids whose first language is not english.

a growing percentage of college applicants and it underpredicts for students over age 25o use, it will be given, and the work is saved as well an >> reporter: if a student does not have a laptop or computer to use, it will be given, and the work is saved as well. and we are a ways away from this happening in the u.s march 2024, more than two years away >> perry rossum live tonight thank you. throughout the pandemic congress issued a series of economic benefits from stimulus checks to tax breaks lawmakers say they've been critical lifelines for many americans, but the benefits are also causing serious headaches for the irs. last night we reported on how the agency's dealing with outdated technology, staff shortages, and major backlogs. tonight we're sharing the story of a woman who is still waiting for her tax refund from last year

ylan mui on what could be the worst tax season ever. >> the bill as amended is passed. >> reporter: it was supposed to be good news a new tax break passed by congress last spring that made thousands of dollars of unemployment benefits tax-free but for alicia holiday in ohio, it was the start of her tax nightmare. >> there's no point in calling anymore. they're just going to tell me the same thing it's processing, it's processings processing >> reporter: holliday thought she did the right thing. she filed her taxes to cover her wife and two kids. when congress changed the rules a month later, at first she was thrilled instead of owing money to uncle sam she would be getting $2,210 and so she filed an amended return and waited and waited and waited nine months later, still no cash >> they all told me that nothing is wrong with the return it's still processing and holding up all of the money

that, you know, my wife and i need to get a second vehicle and the things we need for the home. >> reporter: typically, the irs receives 35 million calls during the tax season last year it got 119 million experts say the system is simply overwhelmed. >> once you're in this endless loop of communications it's very difficult to call and get resolution in that process and you're going to just need to have extraordinary patience.s >> reporter: but holliday feels hers has just about run out. >> it's really hard to place blame on something because i do have a heart but it's kind of like, you have a job, get the job done or hire more people to get this stuff done because it's not fair to the people who are doing what they need to do by the time frame it needs to be done and i feel like we're being penalized for it >> reporter: generally you don't have to wait for last season's tax return to get resolved before you file this season, but shep, there are exceptions, and there is a risk you could get buried in the backlog again.

>> ylan mui, thank you a los angeles police sergeant hailed as a hero after he saved a choking toddler's life he save the officer was on patrol when he noticed a man trying to flag him down he got out of his car and he found an unresponsive girl and her worried parents. >> please! i don't know what's wrong with her, officer, please please please please >> it happened last week near echo park in los angeles this is body cam footage from the incident you can see the man carrying his daughter limp in his arms. >> please, officer, please >> her mother, screaming for help she's not breathing. but then the officer starts giving the girl back thrusts and that dislodged whatever was caught in her throat

>> no! >> please! officer, please! officer, please! >> please! please baby! >> she was in the car with me! please, just - >> it's okay, mami, it's okay, my love. what does she have what does she have, mami open >> something came out. something came out >> something did come out. the officer hands the little girl back over to her parents. the lapd reports the medical staff treated her at a hospital and that the little girl is going to be just fine. well, after $10 billion and a 1 million-mile journey the james webb space telescope has arrived at its destination now nasa's next trick, getting it to open its eye. and tonight baseball's hall of fame just inducted one, one player while potentially shutting the door on some of sports' biggest names. ses.

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we're one step closer to uncovering the mysteries of the universe that quote from the nasa administrator bill nelson as the webb telescope reached its final destination about a million miles or so away from earth. it's the most powerful telescop billion to make. it launched christmas mornin ever, it took two decades, thousands of scientists, and almost $10 billion to make it launched christmas morning for what nasa called one of its most ambitious missions yet. scientists set to harness its power to peer at distant, objects to better understand the universeall of the component the nasa emissions systems engineer working on the telescope. thanks so much all of the components were folded into a rocket and unfurled in space. that had to be incredibly difficult.

are you surprised how smoothly this has gone? >> well, we were a little surprised and we were definitely relieved we all knew the risks of the mission and we worked hard to prepare for it tests, analysis, you know, what-if simulations to simulate what kind of problems we would have and we were all very gratified and relieved to see it go as smoothly as it did >> how soon can data and photos start to be analyzed here? when can we see something? >> well, you'll be seeing something probably in the early to late june timeframe between now and then we're calibrating instruments. everything has unfolded and everything is assembled, and we have to turn on the instruments, calibrate them, align our telescope, focus it, and probably in the early to late june timeframe you'll see the first images >> guessing some people are going, wow $10 billion, there are a lot of other ways to spend that money to them, you say what? >> well, look. you know, it's a fundamental part of the human condition to ask questions and explore, and

telescopes like james webb will put us on the verge of answering some of our oldest and most fundamental questions. how did we come to be? how did our sun and galaxy form? are we alone in the universee ue >> for you know, for $10 billion to start answering those most fundamental questions, to me it is well worth it and it's inevitable sooner or later you'd have to do this you can't look at the night sky and not try to find out what the farthest thing out there is. >> well, good luck all the best can't wait it see the pictures mike, have a great night thank you. the boston red sox slugger david ortiz elected to the baseball hall of fame. happened just last hour, but two other controversial legends, roger clemens, barry bonds, denied entry into cooperstown. big papi got 75% of the votes needed to been shrined

david ortiz is widely regarded as the greatest clutch hitter of all time he reached the hall of fame despite a reported positive test for performance-enhancing drugs in 2003. as for bonds and clemens, they're not as fortunate they rejected the stars on their tenth and final year on the ballot their only way in now would be if a veteran's committee votes them in. bonds and clemens' careers both tainted with steroids. in a statement, clemens wrote in part, i didn't play baseball to get into the hall of fame. i played it to make a generational difference in my family and he said he put that in the rear-view mirror a long time ago among the other first timers, alex rodriguez and jimmy rollins received the most votes. 65 seconds on a race to the finish the white house says a russian invasion of ukraine remains imminent

today president biden suggested the united states' troops could be on the move soon as the pentagon prepares more than 8,000 service members to possible deployment to eastern europe british police are now investigating alleged parties during lockdown at prime minister boris johnson's official residence on downing street right now, we're awaiting the release of findings of the ethics inquiry and the fda has revoked its emergency authorization for covid antibody treatments made by regeneron and eli lilly they are not effective against the omicron variant. and now you know the news of this tuesday, january 25th, 2022 i'm shepard smith. follow us on the gram and twitter at the news on cnbc and listen to the podcast wherever you get yours, and we'll see you back here tomorrow night

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